Southern Co (SO) Net Margin (2009 - 2026)
Southern's Net Margin was 16.83% in Q2 2026, up 4.21 percentage points from 12.62% a year earlier and up 0.68 percentage points from the prior quarter.
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Analysis
Southern Co (SO) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Southern's Net Margin was 15.43% through Jun 30, 2026, up 0.33 percentage points year-over-year; for FY2025, it came in at 14.69%, down 1.78 percentage points from FY2024.
- Net Margin shows a five-year change of -0.62 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 16.47% in FY2024 (+0.72 pp), 15.74% in FY2023 (+3.71 pp), 12.04% in FY2022 (+1.68 pp) and 10.35% in FY2021 (-4.95 pp).
- Quarterly Net Margin has moved between -3.73% (Q4 2021) and 21.87% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +2.05 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 15.13 percentage points); the worst was Q4 2021 (a drop of 11.29 percentage points).
- Per Business Quant data, SO's Net Margin in the three quarters before Q2 2026 was 16.15% (Q1 2026), 5.96% (Q4 2025) and 21.87% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.83% |
| Mar 31, 2026 | 16.15% |
| Dec 31, 2025 | 5.96% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 12.62% |
| Mar 31, 2025 | 17.16% |
| Dec 31, 2024 | 8.42% |
| Sep 30, 2024 | 21.10% |
| Jun 30, 2024 | 5.71% |
| Mar 31, 2024 | 5.01% |
| Dec 31, 2023 | 14.14% |
| Sep 30, 2023 | 20.37% |
| Jun 30, 2023 | 5.43% |
| Mar 31, 2023 | 3.94% |
| Dec 31, 2022 | -1.23% |
| Sep 30, 2022 | 17.57% |
| Jun 30, 2022 | 15.36% |
| Mar 31, 2022 | 15.52% |
| Dec 31, 2021 | -3.73% |
| Sep 30, 2021 | 17.65% |
API Access
Southern Co Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();